Permit Approval For Exploration Drilling At Horizon Lithium Project

CALGARY - Pan American Energy Corp. has received approval of the previously submitted Notice of Intent (NOI) to the Bureau of Land Management (BLM), Tonopah Field Office, for exploration drilling at its 17,334 acre Horizon Lithium Project that adjoins American Battery Technology’s Tonopah Flats Project. The Company is now permitted to drill up to nineteen (19) lithium prospecting core holes with associated access on land under the management of the BLM – Tonopah Field Office, approximately 7.4 miles west of Tonopah, Esmeralda County, Nevada.

Jason Latkowcer, Chief Executive Officer, said, “Our team has once again outperformed expectations with an exceptional permit submission. The BLM’s review of our NOI was deemed complete and containing all information required by the Surface Management Regulations. Pan American is now positioned to execute on advancing the Q1-2023 drill program. This announcement comes on the heels of exciting news in the Tonopah region this month, including the recent increase in lithium resources at American Lithium’s TLC project. We are in a fantastic position operationally and right on schedule.”